asset protection
asset protection
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11.
by Gabriel Heiser - 2007-01-26
In order to qualify for Medicaid, a single individual cannot have more than $2,000 in countable assets, and a couple cannot have more than $101,540. Any excess must be either spent down till it's gone...
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12.
by Gabriel Heiser - 2007-01-27
It is not too unusual for a child to try to cover the cost of a parent's nursing home stay by taking out a home equity loan against the parent's house. Wise move or not?Let's assume Daughter took out ...
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13.
by Gabriel Heiser - 2007-01-27
Many times Baby Boomer client has parents who have a fair amount of money, as does the Boomer client. If the parents simply leave their money to the child as an outright gift under the parents' wills ...
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14.
by Rocco Beatrice - 2007-02-05
The Deficit Reduction Act of 2005 established a June 30, 2006 deadline for the Secretary of Health and Human Services (HHS) to release regulations for states to come in compliance with the new severe ...
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15.
by Rocco Beatrice - 2007-02-05
What's an asset protection trust? What's a Trust?A "TRUST" is nothing more than a "CONTRACT" between the person who wishes to protect his assets (the Grantor) the person who will manage the assets (th...
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16.
by JAMES DELROJO - 2007-02-07
Asset protection is a crucial part of wealth building. There are many different aspects of asset protection and they often involve complex trust structures. Yet most people ignore the number one c...
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17.
by Shannon Cavers - 2007-02-09
Many small businesses start as a part-time effort that grow over time, and eventually become a profit generating venture. One of the difficult questions for a small business owner is, "When do I ...
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18.
by Rocco Beatrice - 2007-02-18
While driving to an appointment, one of your employees remembers he needs to contact a co-worker regarding a meeting. He dials the number on his cell phone, and briefly takes his eyes off the road. In...
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19.
by Rocco Beatrice - 2007-02-19
Ask any lawyer, accountant, life insurance agent, financial planner, mortgage brokers, stock brokers, or any lay person for his definition of asset protection and he will likely tell you that it's ...
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20.
by Jacquelyn Lynn - 2007-02-26
These potential scenarios should concern any entrepreneur or investor: You get sued personally and lose; the judgment creditor (the entity that won the suit and was awarded a judgment against you) dec...